A: A revocable living trust is simply an estate planning tool like any other. As you may have guessed, there are circumstances which dictate that revocable living trusts must be considered. Conversely, there are certain circumstances when a revocable living trust should never be used. Unfortunately, many attorneys and financial planners say that no one should consider a revocable living trust. This is a great disservice to many clients can have an adverse effect if not detrimental financial impact to their estate and family members.

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